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USA UK and Malta News
23/09/2008 - 20:50

UK Today Editoweb 23 septembre 2008

EDF to offer 23 billion dollars for British Energy: report - FTSE dragged down 1.9 percent - ECB offers 180 bln euros in regular liquidity move.



EDF to offer 23 billion dollars for British Energy: report

French electricity group EDF on Wednesday is to put forward a new 15.6-billion-euro (23-billion-dollar) offer for British Energy, the Wall Street Journal reported Tuesday in its online edition.

FTSE dragged down 1.9 percent

The top share index ended down 1.9 percent on Tuesday, led by commodity stocks as metal and crude prices fell, and by banks on uncertainty over a proposed U.S. package to rescue the financial sector.

ECB offers 180 bln euros in regular liquidity move

 The European Central Bank said Tuesday it had allotted 180 billion euros (266 billion dollars) during regular refinancing operations that saw strong demand for the funds available.

EU launches new drive against mobile phone prices

European business people and holiday-makers could pay less to use their mobile phones while abroad in the European Union if EU plans unveiled Tuesday live up to their aims.

'French Takeover Of British Energy'

French power giant EDF has agreed to a £12.4bn takeover of British Energy, according to reports.

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